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Why the global grain trade will pick up as commodity prices fall

Posted on 17 October 2013

The global grain and oilseed trade represents up to ~20% of total dry bulk shipments. These shipments primarily use Panamax vessels. When shipments rise, the shipments of global grain or oilseed rise, which increases demand for Panamax ships and has a positive impact on shipping rates.
Long-term shipping rates movements in turn have a significant impact on the performance of dry bulk shippers………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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